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Press Release
  • Wabtec and GE Transportation to Merge, Creating Global Leader for Rail Equipment, Services and Software

    05/21/2018

    Strategic Combination Will Drive Shareholder Value Creation by Accelerating Innovation in Transportation and Logistics

    • Following the transaction, Wabtec will have approximately $8 billion in revenues, a more diversified business mix, higher margins, and approximately 15 percent cash EPS accretion in year one.
       
    • Both businesses are expected to benefit from the cyclical tailwinds they are experiencing as industry conditions improve. Complementary businesses and large global installed base will create additional opportunities for cross-selling, aftermarket services growth and new solutions in a rapidly evolving industry....
  • Wabtec Shareholders Approve Company Proposals At Annual Meeting

    05/15/2018

    WILMERDING, PA, May 15, 2018 – Wabtec Corporation (NYSE: WAB) shareholders today elected four directors and approved other company proposals at its annual meeting in Pittsburgh.  Directors elected were:  Erwan Faiveley, Linda S. Harty, Brian P. Hehir and Michael W.D. Howell.
     
    Shareholders also ratified the appointment of Ernst & Young LLP as the company’s independent registered public accounting firm for the 2018 fiscal year, and approved proposals relating to executive and Board compensation.

     

    Wabtec Corporation (www.wabtec.com) is a leading global provider of equipment, systems and value-added services for transit...